United Kingdom election results add to Brexit uncertainties

"Our shared responsibility and urgent task now is to conduct the negotiations on the UK's withdrawal from the European Union in the best possible spirit, securing the least disruptive outcome for our citizens, businesses and countries after March 2019", he said.

May is expected to visit Buckingham Palace at 12:30pm (London time) as the leader of the Conservative party, which won the most seats in Thursday's general election but lost its parliamentary majority.

Mrs May announced on Friday she would seek to form a minority government with the help of a small Northern Irish party, the ultra-conservative Democratic Unionist party (DUP).

Sterling plunged against the dollar and the euro as the election result created even more uncertainty over the whole Brexit process.

But May vowed to "fulfil the promise of Brexit", in a statement outside her Downing Street office after seeking permission from the head of state Queen Elizabeth II to form a new government.

May, a 60-year-old vicar's daughter, is now facing questions over her judgement in calling the election three years early and risking her party's slim but stable working majority of 17.

"This will allow us to come together as a country and channel our energies towards a successful Brexit deal".

The Brexit talks were set to start on June 19 with UK Brexit secretary David Davis' meeting European Union's chief negotiator Michel Barnier.

We suspect markets will interpret this general election result as a rejection of Mrs May's tough stance in the upcoming negotiations with the European Union...and consequently view a "soft Brexit" as more likely.

"She said, 'Give me a mandate.' And the answer was, 'No.' And that means we have to rethink everything, the entirety of the way we're doing Brexit", Dunt said.

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Several Conservative lawmakers have warned that May can not carry on indefinitely, after throwing away a 17-seat majority in the 650-seat House of Commons.

The spokesperson added: "The French President Emmanuel Macron called to congratulate the Prime Minister, and said he was pleased that she would continue to be a close partner".

"I don't believe personally that Theresa May will remain as our prime minister indefinitely".

The Conservatives' losses were largely gains for the Labor opposition, which defied polls and predictions to gain 29 seats - a vindication for leader Jeremy Corbyn, whose grip on the party appears to have strengthened.

With all but one constituency declared, the conservatives won 318 seats - down from 331 at the 2015 election - while Labour was on 261, up from 229.

Newspapers reflected the political tumult, with headlines such as "Britain on a knife edge", "Mayhem" and "Hanging by a thread".

If the Conservatives and the Democratic Unionist Party come to an agreement, May would have the majority of votes needed for an effective minority government.

In March, May triggered Article 50, the official beginning of the process for the United Kingdom to withdraw from the EU.

The Tory housing minister is the author of a book entitled How To Win A Marginal Seat, although it proved not to guide him through to victory on this occasion.

Sturgeon said the results showed that "the reckless Tory pursuit of a "hard Brexit" must now be abandoned".

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